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The Boring Company event sneak peak: venue, tunneling machine, completed watchtower

(Photo: Tom Cross/Teslarati)

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After months of operating underground, The Boring Company is coming to the surface with the unveiling event of its test tunnel in Hawthorne, CA. The Boring Company is set to livestream Tuesday’s opening party, as Elon Musk presents what could very well be the first step towards a future connected with ultra-high-speed tunnels.

The Boring Company’s tunnel unveiling event is poised to feature a lot of fun,  lighthearted activities, as represented by the multi-story medieval watchtower constructed on the opening party’s venue. The idea of the watchtower came from one of Elon Musk’s playful Twitter sessions, where he announced that the tunneling startup would be building a watchtower on the Los Angeles site, where a person dressed as a knight would be tasked to “yell insults at people in a French accent” to passers-by — a reference to one of the most memorable scenes in the classic comedy film Monty Python and the Holy Grail.

The Boring Company’s completed watchtower. (Photo: Pauline Acalin/Teslarati)

The watchtower was constructed in a quick and clever manner, with the Boring Co. utilizing a metal framework overlaid with pre-made sections of Boring Bricks. Teslarati photographer Pauline Acalin has followed the tower’s construction over the past couple of weeks, and returning to the site on Monday, she was able to capture images of a fully-constructed watchtower, complete with wooden window shutters and more refined brickwork.

Driving by the site on Monday night, Pauline and fellow Teslarati photographer Tom Cross were able to capture more images of the opening party’s venue. Pictures and video taken of the site reveal that The Boring Company is already setting up the lights and the sound system for the event.  Some details of Elon Musk’s completed Monty Python-style watchtower, such as torches on both sides of the structure’s wooden doors, could also be seen. Furthermore, The Boring Company appears to have laid some accent lighting on a tunnel boring machine currently under construction, which is set to be utilized for its high-profile Chicago tunneling project.

The venue for The Boring Company’s opening event on Tuesday, December 18, 2018. (Photo: Tom Cross/Teslarati)

The Boring Company’s test tunnel unveiling event on Tuesday stands as a milestone for the young startup. Elon Musk, for one, noted in a tweet earlier this month that the December 18 product launch will be “more than a tunnel opening.” Seemingly teasing some progress on a garage-elevator concept that the company is building near the SpaceX headquarters, Musk also stated that the event would “include modded but fully road legal autonomous transport cars & ground to tunnel car elevators.” Free test rides would be offered to the public after the tunnel unveiling event as well.

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While The Boring Company is considered more as one of Elon Musk’s more fun hobbies, the startup has been extending its reach nonetheless. The company, for one, beat out more experienced rivals when it was selected to construct a high-speed transport line that would connect downtown Chicago to O’Hare airport. Recent permits from Hawthorne also reveal that The Boring Company is opening The Brick Store, a physical location that will sell Boring Bricks, which could be used for fun projects or low-cost construction and are made from tunneling rock.

Be sure to follow along on Twitter as we take you behind the scenes at The Company unveiling. For now, enjoy this 6-minute footage from Tom and Pauline as they scouted the site of tonight’s opening party.

https://twitter.com/_TomCross_/status/1074869183454691329

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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